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Stuart Penson
13 July 2023
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Aramco explores use of modular CCUS

Saudi company signs MOU with Norwegian technology supplier Aker Carbon Capture to assess potential for deployment across range of industries

NOC Saudi Aramco has signed an MOU with Norway’s Aker Carbon Capture to explore the potential deployment of the latter’s modular CCS technology across the energy sector and other industries in the Kingdom. Under a two-year agreement, the two companies will also assess the potential to develop local supply chains and fabrication of the technology. “The partnership with Aker Carbon Capture will support our efforts in developing and deploying cutting edge technologies in the area of carbon capture,” said Ahmad Al-Sa’adi, executive vice-president of technical services at Aramco. “We are also exploring advanced technologies with our partners to improve efficiency and minimise emissions in transpo

Also in this section
EU’s binding CCS targets: A burden or a blessing?
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
Brazil eyes leadership role in global carbon market
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
EU proposes 90% 2050 climate target
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
Greater Mekong taps carbon market growth
1 July 2025
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon

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